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9 impressive facts about Ariba buying b-process

December 7, 2011  |  Electronic Invoicing, Europe, North America

Some weeks ago, the acquisition of b-proces  by Ariba was the talk of the town. Both in the regular media as well in the social media. Everyone reported about it, except we. We were busy revamping our website.

But now that that is out of our way and the dust on Ariba’s exciting acquisition has settled we can present you some very impressive facts that we collected during the last few weeks.

Hold on to you hats because things are about to become very oh and ah.

1

b-process

What is it that makes b-process so interesting? Well, b-process is a very large electronic invoicing service provider. It also provides suppliers and buyers with an end-to-end e-invoicing data automation process. But one of the best things probably is that business partners instantly retrieve and collaborate over the invoices and their status, improving their cash-flow management thanks to early payment functionalities.

2

€ 35 million in cash

As you can see in this form 8 filing, that is the amount of cash Ariba paid to acquire b-process. As in common US practice, the fee includes a portion which will be deposited in escrow to satisfy potential indemnification claims.

3

$ 11 million revenue

That is roughly the revenue of b-process in 2010. So Ariba paid with a revenue factor of 3.4. [Which is not the highest figure we’ve seen so far].

4

24 countries

That is how the Ariba platform will grow. Providing customers with a wider geographic offering of e-invoice solutions. It also claims that adding 24 countries to the list makes the Ariba platform the most global in the growing e-invoicing market.

These 24 countries are particularly interesting because b-process has been certified by an independent accounting firm to handle value-added tax and invoicing regulatory requirements in these countries

Note: as most of these countries are situated in the EU, the ‘certification’ aspects will tend to player a slightly lesser role as from 1 January 2012, when the new liberalized e-invoicing legislation comes into play.

5

40 million invoices

That is the amount of invoices b-process transacts annually (in 2010).

6

$80 billion

That is the estimated value of the invoices that b-process transacted.

7

$270 billion

That is the total value of network transactions now that Ariba has acquired b-process. So by acquiring b-process, the total network value grew with 40%.

8

3,000

That is the amount of b-process’ French and international customers, optimizing their invoicing and payment/collection processes. Some of the b-process’ customers include Carrefour, EADS, Eurocopter, IATA, Saint-Gobain and Vinci Energie.

9

2nd

This is Ariba’s second acquisition in a little over a year, following its $150 million purchase of Quadrem.

We were able to create this list by our own research and with the help of the Ariba Market Analysis by Vishal Patel from Ardent Partners. You can download their valuable research here.


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1 Comment


  1. Thanks for these valuable data. I have a question : in your note “Note: as most of these countries are situated in the EU, the ‘certification’ aspects will tend to player a slightly lesser role as from 1 January 2012, when the new liberalized e-invoicing legislation comes into play” you talk about Liberalized e-Invoicing legislation as from January 1st, 2012.

    I thought that the liberalization would be in effect as from January 1st 2013 ?

    Thanks again. Best regards. Daniel